The video game industry is developing rapidly. The market size of the world’s video game industry was worth $78 billion in 2017. It is estimated to hit $90 billion in 2020. However, the market is dominated by some successful video game companies. Here are the top seven most famous ones in the world.
1/ Sony Computer Entertainment
Sony Computer Entertainment is a subsidiary of the tech giant Sony, which developed the highly successful PlayStation console. SCE was established in Tokyo, Japan on November 16, 1993, to develop the video games for the PlayStation systems.
It is described as one of the most successful video game firms in the world with a revenue of $20.8 billion for the 2018 fiscal year. This firm’s revenue is higher than the other segment of the parent one.
Now, SCE is taking responsibility for products such as the Sony PlayStation (1-4), the God of War games, and the Uncharted series.
It will be irresponsible not to mention Nintendo on the list of the most successful video game companies in the world. Formed in 1889, Nintendo is the oldest company on the list. The firm mainly creates hand-illustrated hanafuda, known as Japanese playing cards with picture rather than suits and numbers.
In the 1963-1968 period, Nintendo developed other branches, such as a taxi company, an instant rice company, an adorable remote control vacuum cleaner, a love hotel chain, among other things. It saw that its toys are the only products whose prices did not flop; Nintendo became a toy company and then developed video games.
Nintendo does not have the highest sales revenue on the list, but it is famous for its longevity, legacy, and popularity. It does not mean that the firm does not make money. Nintendo gained revenue of $5.59 billion in 2018. Notably, Mario is one of the firm’s highly recognizable characters of all time.